Aldridge Minerals Inc.: Drills Turning at Yenipazar VMS-Deposit

Tue May 11, 2010 5:41pm EDT

* Reuters is not responsible for the content in this press release.

VANCOUVER, BRITISH COLUMBIA, May 11 (MARKET WIRE) --
Mr. Jacob Willoughby, President of Aldridge Minerals Inc.
("Aldridge" or the "Company") (TSX VENTURE:
AGM)(FRANKFURT: A0CAPB) is pleased to announce that the Company has
resumed drilling on its gold-rich Yenipazar VMS project in central Turkey.
Aldridge arranged for a powerful multi-purpose rig, to drill one
large-diameter diamond hole (PQ, 8.5 cm core) for metallurgical testwork
and 28 reverse circulation (RC) holes on the Yenipazar property. The
RC-holes are being conducted for infill drilling in the southern part of
the orebody, to bring the entire resource to the indicated category. This
drill program is expected to take six to eight weeks.
The target of the PQ-drilling is to obtain fresh material for flotation
testwork. The drill site has been selected to duplicate RC-hole YP62,
which intersected 42 metres of mineralization, on average roughly
corresponding to the deposit average grade. To avoid oxidiation of the
drilled material to the best possible extent, the PQ-core will be
processed in intervals of half of a core-meter (about 9 kg). This has
been found to represent an appropriate amount for a series of swiftly
conducted flotation tests, immediately following fine-crushing, gravity
pre-concentration, and grinding. Fine crushing and homogenization of the
entire mineralized core material (42 metres) may already result in
partial oxidation while the bulk of the sample is waiting to be
processed, even if it were to be subsequently frozen or stored in
non-oxidizing gases. Oxidation of ore minerals greatly hinders flotation.
The Yenipazar project is subject to an earn-in agreement with Anatolia
Minerals, wherein Aldridge can earn a 100% working interest, subject to a
6 % net proceeds interest ("NPI", revenues less operational
cost) until revenues of US$ 165 million are generated, and 10 % NPI from
there on.
Martin S. Oczlon, PhD Geo, a director of Aldridge and Qualified Person as
defined in NI 43-101, has reviewed and verified the technical content of
this press release.
About Aldridge Minerals
Aldridge Minerals Inc. is mainly focused on mineral opportunities in
Turkey where the Company is conducting an ambitious exploration and
development program at its flagship Yenipazar polymetallic VMS project.
Aldridge has also identified several other prospective opportunities in
Turkey and Papua New Guinea, and has amassed a large property position
where a systematic exploration program is underway.
On behalf of the Board of Directors
JACOB WILLOUGHBY, President and Director
Forward-Looking Statements:
The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual
events or results could differ materially from the Company's expectations
and projections.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts:
Aldridge Minerals Inc.
Jacob Willoughby
President and Director
416-558-4717
www.aldridgeminerals.com
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